READOUT: EXIM Chair’s Council on Climate Meets to Discuss Subcommittee Recommendations
WASHINGTON – The Export-Import Bank of the United States’ (EXIM) 2021-2022 Chair’s Council on Climate met virtually Wednesday to discuss the progress and recommendations of the subcommittees within the council.
During the meeting led by Council Chair Stacy Swann, EXIM President and Chair Reta Jo Lewis opened with welcome remarks during which she expressed her excitement to begin a historic new chapter at EXIM working together to strengthen support of job-creating clean and renewable energy exports. She also discussed expanding outreach and economic opportunity for small and historically under-served businesses while enhancing collaboration and partnerships with state and local officials. Chair Lewis emphasized her commitment to helping America’s economy build back better and stronger. Chair Lewis then participated in a brief question and answer session with council members.
For the remainder of the meeting, the Climate Council subcommittees, which include climate definitions, partnerships and sector-specific recommendations, presented their draft recommendations followed by open discussion and input from council members. The council will next meet this spring to finalize recommendations.
The Chair’s Council on Climate is a newly formed advisory group dedicated to helping EXIM identify gaps in private-sector financing for clean energy innovation and fulfilling the mandate from Congress for EXIM to promote and support environmentally beneficial, renewable-energy, energy-efficiency and energy-storage exports from the United States.
ABOUT EXIM:
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.